What are the luxury charges on a credit card?

if you
swipe more than $675 in any credit card to buy any luxury good about 90
days before filing a bankruptcy, the it's considered to be a luxury
charge, and usually the debt is not discharged. It is also considered to
be a fraudulent intent to file bankruptcy.

As per
the bankruptcy law, since it is difficult for a creditor to prove a
debtor’s intent to not pay a debt, the creditor can charge the debtor
as a presumption of fraud.1. Luxury goods or services2. To cash advances.

If you use $650-$675 in “luxury goods or services” through a single
creditor just before filing the bankruptcy(90 days before), then the
debt will be considered as presumed not to be
discharged.

I
agree with Mebelle, but as a consumer you must know what items are
considered as luxury items. Usually, items include vacation expenses,
designer or excessive clothing purchases, expensive cosmetics,
furnishings and household goods, jewelry, cologne, coffee maker,
magazine subscriptions, sporting goods, a computer, candy, oriental
rugs, a camera, etc will be considered as luxury
items.

By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.

Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.

Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.

Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.

The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.